Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation signed an agreement with the Electricity and Energy Ministry of the Republic of Yemen to implement a power plant in Aden at a cost of $100 million. The agreement is part of the continuous programme implemented by the UAE to support the electric power sector in Aden. The agreement ...
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DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), and a delegation from Abu Dhabi Future Energy Company (Masdar), have discussed ways of developing their partnership on renewable and clean energy, and the various plans and projects that support the objectives of the UAE Centennial 2071. At the meeting, which was held ...
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Dubai / WAM The UAE is the second highest regional investor in artificial intelligence (AI) over the past 10 years, investing $2.15 billion in total, according to the AI Maturity Report in the Middle East and Africa (MEA), a new study commissioned by Microsoft and conducted by Ernst & Young (EY). “The bulk of this investment went towards social media ...
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DUBAI / WAM Dubai recorded a non-oil foreign trade of AED 339 billion ($92.3 billion) in the first quarter of 2019, announced Dubai customs, registering an increase of seven percent year-on-year from AED316 billion recorded during the same period last year. Exports registered the most growth, rising 30 percent to reach AED42 billion while re-exports grew seven percent to AED106 ...
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DUBAI / WAM Dubai Chamber of Commerce and Industry, Dubai Chamber, has announced its plans to host the fifth edition of the Global Business Forum (GBF) on Africa on November 18 and 19 in Dubai. Organised under the theme, ‘scale up Africa’, GBF Africa 2019 will bring together African and UAE government and business leaders to explore avenues of economic ...
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Abu Dhabi / Emirates Business In a landmark development, Etisalat has become the first mobile operator in Mena to provide 5G coverage inside an international airport. The Midfield Terminal Building (MTB), Abu Dhabi’s new international airport, will become the first airport terminal in the region to benefit from ultra-high speed connectivity, delivered by Etisalat’s 5G network. The deployment is based ...
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Dubai / Emirates Business Dubai has welcomed India’s first premium cruise liner, ‘Karnika’ by Jalesh Cruises, to Mina Rashid as it homeports in Dubai for the season. Christened in an official naming ceremony in Mumbai, India last month, ‘Karnika’ is Jalesh Cruises’ first liner to homeport in the region, marking a significant milestone for both the Indian domestic and international ...
Read More »DUBAI / WAM Dubai’s Roads and Transport Authority (RTA), signed a contract for purchasing 373 buses of Volvo SB3 along with a 10-year maintenance contract in support of Dubai’s mobility plan and to cope with the rising number of public bus riders. The new buses are compliant with Euro 6 standards, and it will be the first time buses of such ...
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Abu Dhabi / WAM Since the UAE and the Federal Republic of Germany established diplomatic relations in 1972, 47 years ago, the two countries have developed a strategic partnership built on cooperation and mutual respect that serves to consolidate stability in the region and promote international peace and security. Over the years, there have been numerous exchanges of visits between ...
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ABU DHABI / WAM Self-service kiosks have been set up across all the ports included in the Tax Refunds for Tourists Scheme in order to allow tourists to recover Value Added Tax (VAT), when leaving the UAE. The kiosks are operated by Planet, the company enlisted by the Federal Tax Authority (FTA), to operate the system for the Tax Refunds ...
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